15-3-140. OFFICERS.

1. A corporation has the officers described in its bylaws or appointed by the board of directors in accordance with the bylaws.
2. A duly appointed officer may appoint one or more officers or assistant officers if authorized by the bylaws or the board of directors.
3. The bylaws or the board of directors shall delegate to one of the officers responsibility for preparing minutes of the directors’ and members’ meetings and for authenticating records of the corporation.
4. The same individual may simultaneously hold more than one office in a corporation.
5. Each officer has the authority and shall perform the duties set forth in the bylaws or, to the extent consistent with the bylaws, the duties prescribed by the board of directors or by direction of an officer authorized by the board of directors to prescribe the duties of other officers.